NEOV NEOVOLTA INC

NeoVolta, U.S. Department of Energy, and Barrio Eléctrico Celebrate Successful Installation of NeoVolta’s NV24 Battery Storage Systems in Puerto Rico

NeoVolta, U.S. Department of Energy, and Barrio Eléctrico Celebrate Successful Installation of NeoVolta’s NV24 Battery Storage Systems in Puerto Rico

This Marks the 100th Installation for Barrio Eléctrico and Continued Market Expansion for NeoVolta

SAN DIEGO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: NEOV), , a leading innovator in energy storage solutions, in partnership with Barrio Eléctrico, a Puerto Rico-based nonprofit organization, proudly executed the first installation of the NeoVolta NV24 battery storage systems in Puerto Rico.

This milestone marks Barrio Eléctrico's 100th installation and fourth installation under the U.S. Department of Energy’s (DOE) , underscoring the impactful collaboration aimed at providing reliable and sustainable energy solutions to Puerto Rican families. ​

NeoVolta’s CEO and team were on-site to ensure a smooth and successful installation, demonstrating the company's commitment to advancing clean energy and supporting communities in need. ​ The DOE and local community members also showed their support for the Barrio Eléctrico initiative, highlighting the importance of this collaborative effort. ​

“This installation demonstrates the power of collaboration. Together, NeoVolta, the U.S. Department of Energy, and Barrio Eléctrico are reaching a community that might otherwise be overlooked. It was an honor to launch this initiative with such committed partners,” said Ardes Johnson, CEO of NeoVolta. “Providing real-time support to Barrio Eléctrico while connecting with the families we are empowering made this project especially meaningful.”

As part of its expansion strategy, NeoVolta is scaling its operations across the United States and Puerto Rico, with the next shipment of NeoVolta NV24 battery storage systems in route. The company remains committed to meeting the unique solar storage needs of these communities and driving progress in renewable energy. ​

NeoVolta

NeoVolta is a leading innovator in energy storage solutions dedicated to advancing the future of clean energy. ​ Founded to provide reliable, sustainable, and high-performance energy storage systems, the company has quickly established itself as a critical player in the industry. ​ NeoVolta’s flagship products are designed to meet the growing demand for efficient energy management in residential and commercial applications. ​ With a focus on cutting-edge technology and strategic partnerships, NeoVolta is committed to driving progress in renewable energy and enhancing how the world stores and uses power. ​

Barrio Eléctrico

Barrio Eléctrico is a non-profit organization committed to building resilient and sustainable energy communities in Puerto Rico. By leveraging advanced technologies and innovative partnerships, Barrio Eléctrico aims to ensure energy security for everyone living and working in Puerto Rico regardless of income.

For more information visit: NeoVolta.com email us: Contact: Kate Countryman Or call us: 858-239-2349

Forward-Looking Statements

Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘may,’ ‘could,’ ‘might,’ ‘will,’ ‘should,’ ‘approximately’ or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under Item 1A. “Risk Factors” in the Company’s most recently filed Form 10-K filed with the Securities and Exchange Commission (“SEC”) and updated from time to time in its Form 10-Q filings and in its other public filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.



EN
29/10/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on NEOVOLTA INC

 PRESS RELEASE

NeoVolta Distributor Orders Top $3M in Single Quarter

NeoVolta Distributor Orders Top $3M in Single Quarter Channel Momentum Highlights Growing Market Acceptance for NeoVolta Energy Storage Solutions SAN DIEGO, June 10, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), a U.S.-based energy technology company delivering scalable energy storage solutions for resilient residential and commercial power infrastructure, today announced that distributor purchase orders have exceeded $3 million in the current quarter—the highest quarterly total from the channel in company history. “These distributor orders represent a major milestone in our e...

 PRESS RELEASE

NeoVolta Sets New Sales Record in April, Surpassing Entire First Quart...

NeoVolta Sets New Sales Record in April, Surpassing Entire First Quarter in a Single Month April 2025 Revenue Expected to Shatter Previous Company Highs as Nationwide Growth Accelerates SAN DIEGO, April 29, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), a U.S.-based energy technology company delivering scalable energy storage solutions for resilient residential and commercial power infrastructure, today announced that, based on preliminary internal estimates, April 2025 revenue is projected to exceed $2 million — surpassing the company’s total estimated revenue for the entire fi...

 PRESS RELEASE

NeoVolta Captures Texas Market Momentum with Record Installer Growth

NeoVolta Captures Texas Market Momentum with Record Installer Growth Signs Over 10% of Statewide Installers in One Quarter; Solartek Deal Expands Distribution Footprint SAN DIEGO, April 23, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), U.S.-based energy technology company delivering scalable storage for resilient residential and commercial power infrastructure, today announced unprecedented growth in Texas. “Texas is a key market for us, and with new product introduction in the last quarter, we’ve onboarded over 10% of Texas’s solar installers as NeoVolta Certified Dealers,”...

 PRESS RELEASE

NeoVolta Highlights Virtual Peaker’s Announcement of Strategic Partner...

NeoVolta Highlights Virtual Peaker’s Announcement of Strategic Partnership for Smarter Energy Storage Integration SAN DIEGO, April 11, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), a U.S.-based energy technology company delivering scalable storage, for resilient residential and commercial power infrastructure, is pleased to share that its strategic partner, Virtual Peaker, a leading virtual power plant software company, has officially announced the companies’ collaboration to enhance grid resilience and accelerate the adoption of distributed energy resources. Virtual Peaker’s AI-...

 PRESS RELEASE

NeoVolta Anticipates Record Quarterly Sales, Surpassing $2 Million in ...

NeoVolta Anticipates Record Quarterly Sales, Surpassing $2 Million in Revenue – a Projected Increase of over 600% Year-over-Year Company Poised for Continued Growth Following Breakout Quarter and Strong Market Response SAN DIEGO, March 27, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), a U.S.-based energy technology company delivering scalable storage, for resilient residential and commercial power infrastructure, today announced that it anticipates record-breaking quarterly sales, with unaudited revenue expected to exceed $2 million for the first time in the company’s history —...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch